Business

Oil Prices Decline as US and Brent Crude Futures Settle Lower

New york: Oil prices fell by more than 1 percent at settlement on Wednesday. US crude futures dropped by $1.16, or 1.14 percent, to settle at $101.02 a barrel. Brent crude futures also saw a decline, dropping by $2.14, or 1.99 percent, to settle at $1…

Oil Prices Rise as Markets Anticipate Geopolitical Developments

Doha: Oil prices slightly rose on Thursday as markets await US-China talks, while traders remain focused on the crisis of the Iran war. Brent crude futures were up 13 cents, or 0.12%, to $105.76 a barrel, while US West Texas Intermediate futures rose …

S. Korea ICT Exports Surge 125.9% on AI

Seoul: South Korea’s exports of information and communication technology (ICT) products rose 125.9% year-on-year in April to $42.71 billion, exceeding $40 billion for the second consecutive month, supported by strong demand for AI-related semiconducto…

Gold Rises Slightly on Weaker Dollar

Doha: Gold prices ticked up on Thursday, buoyed by a weaker dollar, as investors focused on US-China talks. Spot gold rose 0.3% to $4,699.87 per ounce, while gold futures for June delivery were steady at $4,706.90.

According to Qatar News Agency, sp…